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Congress

Lockheed Martin’s Remote Minehunting System Cancelled

Valerie Insinna

Friday, March 25th, 2016

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Lockheed Martin’s Remote Minehunting System Cancelled

Lockheed Martin's Remote Minehunting System deploys from the USS Independence (LCS 2).

The Defense Department in its 2015 Selected Acquisition Report (SAR) officially rang the death knell for Lockheed Martin's [LMT] Remote Minehunting System (RMS), a mine detecting semi-submersible that was originally planned to be deployed from the Littoral Combat Ship (LCS).According to the report, the planned quantities to be purchased have decreased from anywhere between 44 to 54 units total to the 10 already delivered. Cancelling the program saves the department $750 million, a senior defense official said March 24. However,…

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]